FIRST HOME MORTGAGE: FED NEW RULES COME MORE 'DIFFICULT
Hold the Fed on subprime mortgages. Coming
new rules to prevent abusive practices in home loans that provide, among other things, the
prohibition on banks to grant mortgages to lowest 'high'
without ensuring that the person requesting the loan is able to cover, with
their income and their assets, the value of the house. The new rules
will be approved today during the open meeting of the board of
central bank. (AGI) - Washington, July 14 -
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